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Core Insights - The People's Bank of China (PBOC) has launched an online transaction system for agricultural and small enterprise re-loans, facilitating a 300 million yuan loan to Guilin Bank in just 20 minutes, marking Guangxi as one of the first regions in China to implement this online service [1][2] Group 1: Online Loan System Implementation - The online transaction system for agricultural and small enterprise re-loans was officially launched on October 21, significantly enhancing the efficiency of structural monetary policy tools [1] - The process from contract signing to fund disbursement has been reduced from one day to under 20 minutes, improving operational efficiency and reducing errors associated with paperwork [2] Group 2: Future Developments - The PBOC aims to further promote online transactions for agricultural and small enterprise re-loans across the region, with plans to fully digitize bond pledge-related transactions [2] - The initiative is expected to better leverage structural monetary policy tools to guide local financial institutions in increasing funding support for key areas and vulnerable sectors [2]